IIM Bangalore launches rural entrepreneurship incubation programme; Check details here

Interested applicants can fill and submit their applications at https://bit.ly/RuralIncubation.

Indian Institute of Management (IIM) Bangalore’s innovation and entrepreneurship hub NSRCEL and Buddha Fellowship Program (BFP) have joined hands to offer a rural entrepreneurship incubation programme. Talking about the aims and objectives behind the launch of this rural entrepreneurship incubation programme, the institute told that it aims to transform the development sector “in terms of scale with quality and impact by attracting India’s best and brightest talent.”

The step towards the launch of this programme is directed at creating an ecosystem to nurture, support and provide opportunities for these professionals and help them pursue their aspiration to become development entrepreneurs, and in turn, build the future of India that is modern and inclusive for its less privileged and marginalised communities. Interested applicants can fill and submit their applications at https://bit.ly/RuralIncubation. Venkatesh Panchapagesan, Chairperson, NSRCEL at IIM Bangalore, said, “Rural entrepreneurship, which is in its nascent stage, holds tremendous potential in our quest to build lives and livelihoods towards a more self-reliant nation.  Our focus will be to support entrepreneurs who are already operating in rural areas as well as to provide opportunities for those who want to return to their roots to make an impact.”

Panchapagesan further talked about the hardships faced by the rural entrepreneurship ecosystem and home-grown entrepreneurs. He said that they have been overlooked and faced a lot of scalability challenges due to a lack of knowledge and awareness on marketing, branding, quality standards, value chain creation, product innovation.

Ved Arya, founder and director, Buddha Fellowship Program (BFP), said, “We aim to build on young Indians’ entrepreneurial dreams to solve problems of rural poverty and make our country self-reliant BFP’s mission is to groom 1,000 Buddha Fellows and impact the lives of five million people over the next ten years.”

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